OPEN-SOURCE SCRIPT
Macias Golden Zone
The Macias Golden Zone indicator automatically detects the most recent pivot leg and draws the key Fibonacci retracement band between 0.618 – 0.790, with the 0.706 midline highlighted.
🔑 Features:
• Auto-detects swing legs from pivot highs/lows
• Shaded Golden Zone for easy visualization of prime reaction areas
• Optional 0.706 midline for sniper entries
• Optional 0.079 retrace line for deeper confluence
• Works with wicks (High/Low) or closes
📈 Use it to identify high-probability pullback zones where price often reacts during trending moves.
⚠️ This tool is for educational purposes only. Not financial advice. Always manage risk.
From Christopher Macias and the Golden zone family
🔑 Features:
• Auto-detects swing legs from pivot highs/lows
• Shaded Golden Zone for easy visualization of prime reaction areas
• Optional 0.706 midline for sniper entries
• Optional 0.079 retrace line for deeper confluence
• Works with wicks (High/Low) or closes
📈 Use it to identify high-probability pullback zones where price often reacts during trending moves.
⚠️ This tool is for educational purposes only. Not financial advice. Always manage risk.
From Christopher Macias and the Golden zone family
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.